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# LionBird launches an $85 million fund to support US-focused healthcare startups in the Middle East
- URL: https://www.techloy.com/al-waha-fund-of-funds-partners-with-israels-lionbird/
- Published: 2022-06-06T12:38:22.000Z
- Updated: 2022-12-08T01:02:24.000Z
- Author: Oluwajuwonlo Afolabi
- Tags: Health Tech, / Money, Israel

[LionBird,](https://lionbird.com/) an Israel-based venture capital firm has partnered with [Al Waha Fund of Funds](https://www.alwahafund.com/) to launch an $85 million investment fund to back US-focused healthcare startups in the Middle East and North Africa (MENA) region. 

- LionBird is a US-targeted digital healthcare investment firm providing seed-stage capital for startups.
- Al Waha Fund of Funds was launched in 2018, with over $80 million deployed to 11 venture capital funds to date.
- The partnership will create support for startups in Bahrain and the Gulf Cooperation Council to navigate the US healthcare market.